Understanding SOFR and Its Impact on Business Borrowers

Secured Overnight Financing Rate (SOFR) is a broad measure of the cost of borrowing cash overnight collateralized by U.S. Treasury securities. Introduced by the Federal Reserve Bank of New York in 2018, SOFR was developed to replace the London...

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Using Mezzanine Financing for Large Property Investments

When it comes to large property investments, financing is often the most challenging aspect. However, an often overlooked yet highly effective strategy is the use of mezzanine financing. What is Mezzanine Financing? Mezzanine financing, a hybrid of debt and equity, offers...

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Why Distributors Use Purchase Order Financing

In the world of distribution, cash flow is king. It's the lifeblood of your business, ensuring you can purchase inventory, pay employees, and keep your operations running smoothly. But sometimes, cash flow can be a challenge. This is where...

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Why Your Business Should Consider an Unsecured Line of Credit

The world of business is often unpredictable, teeming with opportunities and challenges alike. Amid fluctuations, one constant remains – the need for a reliable source of funds. This is where an unsecured line of credit can be a game-changer. Understanding...

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Why Mentoring Is So Important

If you're observing a great leader, it's also likely you're seeing the influence of a great mentor — or several. An apprentice-like relationship with a luminary in their field will likely be part of their biography. Although the vast...

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What Is Accounts Receivable Financing? What About Factoring?

When it comes to business financing, there are so many specialized products designed to work as the most efficient solution to specific cost scenarios that it can be hard to tell two types apart if their mechanics look very...

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Top Reasons To Use Factoring To Grow Your Business

Factoring can be an elegant solution to handling receivables when your company is small and you're looking for ways to keep the operation streamlined. Whether you're simply not doing enough work to justify a full-time accounts department yet or...

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The Surprising Benefits of Financing Your Company’s Equipment Upgrades

Upgrading your business’s equipment is a necessary evil. Without new gear, you won’t be able to keep up with demand or grow and reach new goals. For most businesses, coming up with the cash to pay for that new...

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Making the Most of Your Time During the Pandemic

Since the beginning of 2020, life has changed around the globe as every place on Earth struggles with the novel coronavirus. As doctors and researchers try to contain the virus, ordinary citizens attempt to meet their basic needs. If...

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Lines of Credit vs Business Loans – Which Is Right for You?

When you need money to invest in your business, choosing the right financing method can be tough. There are many different ways to get the money you need ranging from acquiring investors to securing a traditional business loan. While...

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